HyAS&Co Balance Sheet Health
Financial Health criteria checks 5/6
HyAS&Co has a total shareholder equity of ¥2.7B and total debt of ¥828.0M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are ¥5.6B and ¥2.8B respectively. HyAS&Co's EBIT is ¥555.0M making its interest coverage ratio 69.4. It has cash and short-term investments of ¥2.6B.
Key information
30.4%
Debt to equity ratio
JP¥828.00m
Debt
Interest coverage ratio | 69.4x |
Cash | JP¥2.61b |
Equity | JP¥2.73b |
Total liabilities | JP¥2.83b |
Total assets | JP¥5.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6192's short term assets (¥4.2B) exceed its short term liabilities (¥2.0B).
Long Term Liabilities: 6192's short term assets (¥4.2B) exceed its long term liabilities (¥880.0M).
Debt to Equity History and Analysis
Debt Level: 6192 has more cash than its total debt.
Reducing Debt: 6192's debt to equity ratio has reduced from 96% to 30.4% over the past 5 years.
Debt Coverage: 6192's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6192's interest payments on its debt are well covered by EBIT (69.4x coverage).